^Unadulterated degeneracy. Where do you draw the line, Adam? Where do you draw that line?!
what if i told you there is no line? what if i told you the "line" is an abstract concept to which there is no REAL meaning. Your immoderate behaviour reflects poorly on the whole community.  yo go fuck you self. I am who ever you say i am https://www.youtube.com/watch?v=mQvteoFiMlg  |
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^Unadulterated degeneracy. Where do you draw the line, Adam? Where do you draw that line?!
what if i told you there is no line? what if i told you the "line" is an abstract concept to which there is no REAL meaning. |
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SourceMonetizing debt is thus a two-step process where the government BFX issues debt to finance its spending and the central bank sheep purchases the debt, holding it until it comes due, and leaving the system with an increased supply of money. Exactly what Biffnext did. They introduced new "money" out of thin air. the BFX is like a 60-70million dollar loan with 0% interest and no repayment schedule if you hold some, ride your self of this shit today! |
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WTF is going on with the climate here in S. Ontario? I just got back from southern Spain and Greece and it was no where near this bad. Rivers and creeks are drying up, farming is getting destroyed... we had that heat wave here in MTL too, but today is very nice and cool. tomorrow will be much cooler for you Jimbo. lol I dont know about that. Its been very bad here for like a month or more. I read somewhere that its the worst drought and heatwave since 1930s. ya every year we break a new record but its always "since 1930s" wtf happened in the 30s O_o? lol |
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WTF is going on with the climate here in S. Ontario? I just got back from southern Spain and Greece and it was no where near this bad. Rivers and creeks are drying up, farming is getting destroyed... we had that heat wave here in MTL too, but today is very nice and cool. tomorrow will be much cooler for you Jimbo. lol |
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the "leaky bucket" has been patched,
bitfinex appears to be maintaining its lead with more then double the volume (24hr volume) then the #2 exchange itbit
this may or may not be temporary, since everyone is likely rushing to buy or sell or do what ever they planned to do when it reopened
I have doubts bitfinex will be leading next week, but who knows....
ItBit seems more like an exchange for the wealthy and companies for one time exchanges. Not really for day trading. I'm surprised they have as much volume as they do. Maybe it is an exchange that Americans are using to trade because it is the only one in the US they can trade on. they do seem to be running an "elite" operation but i bet they dont discriminate, however they might have more AML/KYC then say BTC-e.... i think i like itbit. the little bit i've heard about them sounds very good. |
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BFX is actually holding at 30cents, i am amazed
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the "leaky bucket" has been patched,
bitfinex appears to be maintaining its lead with more then double the volume (24hr volume) then the #2 exchange itbit
this may or may not be temporary, since everyone is likely rushing to buy or sell or do what ever they planned to do when it reopened
I have doubts bitfinex will be leading next week, but who knows....
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i'd place a vote, but i'd hate to disturb that perfect 50/50 results.
and IMO chain sorta has some control, a lot of minning is done out of china ( would you prefer minning leans more to the US or the UK? who cares? )
but the bottom line is they can't do shit without the user base wanting it and or devs coding it.
they have very limited control if any IMO.
i think any and all parties in bitcoin, devs, miners, users all have a limited amount of "control" over bitcoin, and none have any kind of absolute control.
not controlled by anyone / controled by everyone. welcome to bitcoin/Core/Classic/Unlimited 2016.
imo bitcoin has never been more decentralized.
in the beginning there was 1 now there are many. improvement?
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here we goooooooooooo, 520 now! pump up that music play it to load and ready your fiat!  |
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magic is owning 70million dollars
issuing a coin to represent said debt.
dumping the shit out of said coin
buying it all back for pennies on the dollar
thereby consolidating your debt at a huge discount.
mind blown.
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ok geniuses ... how much net demand can an exchange create??
ans : zip.
the net demand of 1 million traders that want to buy / sell 21BTC trying to turn a profit in the process is 21million BTC net demand of 21million bitcoin IMPLIES infinite price!!! BUY BUY BUY!!!!!!!!!  troll logic, i love it  |
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after watching ( and participating in ) market reacting to bitfinex hack i'm now rethinking my 690 target in favor of 800  800 bitches pay up |
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It's about adding liquidity. You think bitcoin would be worth fuck all without trading? I'm done arguing with an idiot, moving on now.
Well, there'd be a discount, as buying and selling OTC carries a natural penalty. I'm not sure it would be worth "fuck all" however. There are plenty of illiquid assets that possess speculative value. i'm with chesthing, "fuck all" is an exaggeration but obviously the biggest game in bitcoin town has been is likely to continue being for some time the buying and selling of bitcoins. collectively traders have a high degree of control over price... and not only add liquidity but also bring prices higher and prevent and major jump/dip, if it drops like 30% in 5 min, you can bet your ass traders will buy it back up to 50% fib No questions asked. IMO |
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The virtual coins created in commemoration of the BFX losses of 2016, to which people attribute sentimental value too. BFX |
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